Introduction
As part of basic education, the CAS requires Validation by Educational Experience (VEE) topics. Validation of these topics is required in addition to the preliminary education exams listed below. The CAS, in conjunction with the Canadian Institute of Actuaries and the Society of Actuaries, has implemented VEE requirements for the following topics:
- VEE - Accounting and Finance
- VEE - Economics
The preliminary education exams are:
In addition to the preliminary education requirements listed above (i.e., VEE requirements and various exams), Exams MAS-I, MAS-II, 5, and 6 (6-Canada, 6-International, 6-United States, or 6-Taipei), Data and Insurance Series Courses (DISC) DA, IA, and RM, and the CAS Course on Professionalism are required for Associateship. Starting in Fall 2025, the new PCPA exam and project will also be required for Associateship.
Candidates have a choice of obtaining credit for the VEE topics directly through the CAS or through the SOA. Credit obtained through the CAS may not be recognized by other actuarial organizations such as the SOA. The CAS will accept VEE credit through the SOA along with certain other organizations through approved waivers.
Details about the process for obtaining credit for the VEE topics are provided on the Society of Actuaries Validation by Educational Experience (VEE) requirement homepage. VEE topics are not prerequisites for the preliminary examinations and may be fulfilled independently of the preliminary exam process.
Note: Candidates may not submit VEE credit applications for partial credit (e.g., a microeconomics course may not be submitted alone but must be accompanied on the same application by an approved macroeconomics course). Candidates may not submit for VEE credit for a topic until they have completed all requirements for that topic. Specific questions may be sent to vee@casact.org.
Once a candidate's application and documentation of the required grade on an approved course/experience have been validated, credit for the specific VEE topic will be granted. The candidate will be sent a written response to each application.
Apply directly to CAS for VEE credit
VEE Directory: Approved Courses/Experience
Guidelines for Approval of VEE Courses and Educational Experiences
